Alibaba billionaire resigns as CEO

HANGZHOU/SHANGHAI Chinas online retail giant Alibaba aims to expand beyond its home market by targeting overseas Chinese through its flagship e-commerce website Taobao, an executive said on Friday. Taobao is Chinas most popular e-shopping platform, ...

Could Alibaba be China's next $100 billion stock market listing? The Hangzhou-based e-commerce giant continues to be coy over when it will take the plunge. But sooner or later, its founder, Jack Ma, will need to offer some kind of exit for his ...

Luo Yi Age: 29 Founder and President Company: Hangzhou Xiangshuo Trading Co. City: Hangzhou, Zhejiang Province Website: http://www.beely.com/ Luo Yi began dabbling in e-commerce when he was a college student a decade by selling electronics products ...

In 14 years, Alibaba Group has grown from a start-up in Hangzhou to an Internet commerce giant which bested eBay in a public battle for dominance of the vast Chinese market. -AFP SHANGHAI - As Alibaba chief Jack Ma steps aside after building the ...

HANGZHOU, May 9 -- While waiting for the subway, Beijing citizen Lin Jun fishes out his mobile phone and places an order for 50 face masks via Taobao, a consumer-to-consumer (C2C) portal similar to eBay, with only a few clicks. The masks, which he ...

Now, however, the rise of "e-tail" (consumer-facing e-commerce) in China is enabling Hangzhou - the base of Alibaba, China's largest online retailer - to join their ranks. Indeed, on April 29, Alibaba signalled its ambitions by buying an 18 per cent ...

Profits of Alibaba Group, the world"s biggest online retailer, more than doubled in the three months ended in December, jumping to $642,2 million from $236,9 million a year earlier. See more: ...

The Robb Report, a high-end luxury publication that caters to the most exclusive and affluent clientele, recently released its list of The Robb Report 100 Hotels. To compile the list, the magazine's editors and writers compared the top hotels in 100 ...

Making entrepreneurship a familiar option for millions of Chinese is Jack Ma's lasting legacy The Chinese count years in cycles of twelve. When a Chinese person enters an age that's a multiple of twelve, it is often viewed with great anticipation ...